单词 | price scissors |
释义 | > as lemmasprice scissors 5. Economics. With singular or plural agreement. A progressive divergence between two kinds of price or income. Frequently in price scissors.So called because on a graph of the two indices the two lines resemble the blades of an open pair of scissors.Originally used with reference to the Soviet Union (see scissors crisis n. at Compounds 2b). [After Russian nožnicy cen (1923) < nožnicy scissors + cena price.] ΘΚΠ society > trade and finance > management of money > management of national resources > [noun] > political economy > states or trends of the economy inflation1821 economic cycle1832 recovery1843 downdraught1852 perfect competition1853 downturn1858 softness1872 slump1888 downtrend1890 sag1891 under-consumption1895 recession1905 downdrift1906 economic recession1908 air pocket1913 stickiness1913 trough1916 deflation1920 downswing1922 slowdown1922 scissors1924 scissors crisis1925 uptrend1926 reflation1932 depresh1933 upswing1934 stagnation1938 countercycle1944 fiscal cliff1957 turn-down1957 stagflation1965 soft landing1973 slumpflation1974 downer1976 1924 M. Farbman After Lenin vii. 125 The economic crisis of the autumn and winter of 1923–24 is known as the crisis of the scissors. 1974 J. White tr. N. Poulantzas Fascism & Dictatorship iv. ii. 193 The index of labour income shows that the scissors between the income of skilled and semi-skilled workers widened considerably. 1979 China Now Mar. 25/1 The closing of the price scissors (the gap between the price paid for agricultural foods and the prices paid by the peasants for manufactured goods) has not gone far enough. 1993 Economist 7 Aug. 64/1 Farmers in all the former communist countries have been trapped between the ‘price scissors’ of increasing costs and decreasing revenues. < as lemmas |
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